Vidyalelo
Commerce · Q726

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 726

Q726

As per the news published in various newspapers, life insurance policies may become paperless in the near future. This means

A.
LIC will not insure any person hereafter as it has already reached its peak
B.
all policy related documents and policy certificates will henceforth be available in electronic form and not in their present physical form
Answer
C.
LIC henceforth will not entertain any claim or complaint in written form or on paper. Things should be in electronic condition
D.
None of the above

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board